CSR: Catalysing Change through India Inc
14 Jul 2019 Social engagement of Indian business is as old as the history of business itself. Ever since businessmen first started investing, they have sought to give back to society in different ways. In India, the concept of business philanthropy is deeply embedded in our classical texts. Corporate Social Responsibility (CSR) has undergone significant […]
Performance of Western States in BRAP 2017
06 Dec 2018 In the recently released Business Reform Action Plan (BRAP) 2017 by the Department of Industrial Policy and Promotion (DIPP), CII Western Region states, in general, have shown a commendable performance with Gujarat, Madhya Pradesh and Maharashtra scoring 97.99%, 97.30% and 92.88% respectively, in the implementation of business reforms. Goa, scoring 57.34%, did […]
West Bengal, Eastern and North-Eastern India’s Key Logistics Hub
11 Dec 2018 The growth of any economy depends significantly on the Logistics sector. A robust network of efficiently operated logistics, infrastructure and services establishes the uninterrupted flow of goods from their point of origin to the consumption centers. This in addition assists in the growth and prosperity of an economy. This sector comprises of […]
Infrastructure Spending Set to Grow
05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow clip resulting in mounting infrastructure […]
Sun rising on India’s Infrastructure
19 Dec 2018 Much has been written, and much handwringing has taken place, about China’s impact on the Indian economy. The dramatic expansion of India-China trade in the last few decades, and the influx of cheap goods, has had dramatic effects on industry in this country. There is hardly any sector in this country […]
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in the second half of 2018, […]
The Business of Christmas
28 Dec 2018 Ever since the first Christmas was celebrated on December 25, AD 336 in Rome, it continues to be celebrated with great religious fervour the world over, especially in the West. Amidst the build-up through Halloween, Remembrance Day, and other festivals, it culminates with the midnight Mass conducted by the Pope himself out of […]
Innovation Takes Off in India!
29 Dec 2018 Creations of the mind are not just personally satisfying. Creativity drives Intellectual property (IP) and contributes to economic growth as well. Inventions, literary and artistic works, designs and symbols, names and images are all used by businesses for boosting their growth. IP is protected in law by patents, copyright and trademarks which enable people […]
Frozen Food Market in India to touch USD 754 million within 5 years
09 Jan 2019 Clarence Birdseye’s 1924 invention of quick cooling to preserve and distribute food, proved to be a harbinger to the growth of the Frozen processed food industry world-wide. Its’ easy and quick preparation backed by continuing technological up-gradations and with increasing women joining the workforce, has changed food preferences to make it a […]
Resurgence of the Ayurveda Industry
15 Jan 2019 Ayurveda is not merely a system of medicine, but a way of life. Widely practiced and utilized by Indians since centuries (texts traced to the Indus Valley Civilization), it is going global by virtue of its unique blend of science and philosophy that balances the physical, mental, emotional and spiritual components essential […]